China Shenhua net profit up 16.6% in 2009
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China Shenhua net profit up 16.6% in 2009
China Shenhua Energy Company Limited, the largest coal producer in the country, Friday said its net profit rose 16.6 percent to 30.28 billion yuan (4.43 billion U.S. dollars) in 2009 from the previous year.
Business revenue expanded 13.2 percent to 121.31 billion yuan in 2009 year on year, said the company in an annual business report filed to the Shanghai Stock Exchange.
Earnings per share was 1.522 yuan, up 16.6 percent year on year.
Shares of China Shenhua dipped 0.24 percent to 28.77 yuan Friday, before the release of its annual earnings.
